vs

Side-by-side financial comparison of GRI Bio, Inc. (GRI) and Hafnia Ltd (HAFN). Click either name above to swap in a different company.

Hafnia Ltd is the larger business by last-quarter revenue ($31.0K vs $16.0K, roughly 1.9× GRI Bio, Inc.).

GRI Bio, Inc. is a clinical-stage biopharmaceutical firm developing innovative targeted therapies for autoimmune, inflammatory, and fibrotic diseases. Its product candidates address unmet medical needs, serving global healthcare markets to deliver improved outcomes for patients with underserved disease indications.

Hafnia Ltd is a leading global shipping firm focused on operating product and chemical tanker fleets. It transports diverse bulk liquid cargoes including refined petroleum products, specialty chemicals, and edible oils, catering to clients across the energy, chemical manufacturing, and agricultural commodity industries worldwide.

GRI vs HAFN — Head-to-Head

Bigger by revenue
HAFN
HAFN
1.9× larger
HAFN
$31.0K
$16.0K
GRI

Income Statement — Q1 FY2023 vs Q1 FY2024

Metric
GRI
GRI
HAFN
HAFN
Revenue
$16.0K
$31.0K
Net Profit
$-2.1M
Gross Margin
Operating Margin
-6175.0%
Net Margin
-13437.5%
Revenue YoY
Net Profit YoY
-611.9%
EPS (diluted)
$-15.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRI
GRI
HAFN
HAFN
Q1 24
$31.0K
Q1 23
$16.0K
Q3 22
$2.0K
Q2 22
$-1.0K
Q1 22
$0
Net Profit
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
$-2.1M
Q3 22
$-351.0K
Q2 22
$-295.0K
Q1 22
$-302.0K
Operating Margin
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
-6175.0%
Q3 22
-9300.0%
Q2 22
18900.0%
Q1 22
Net Margin
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
-13437.5%
Q3 22
-17550.0%
Q2 22
29500.0%
Q1 22
EPS (diluted)
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
$-15.04
Q3 22
$-0.39
Q2 22
$-0.35
Q1 22
$-11.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRI
GRI
HAFN
HAFN
Cash + ST InvestmentsLiquidity on hand
$1.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-3.2M
Total Assets
$2.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
$1.7M
Q3 22
$4.7M
Q2 22
$5.2M
Q1 22
$2.5M
Stockholders' Equity
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
$-3.2M
Q3 22
$-5.7M
Q2 22
$-5.4M
Q1 22
$-5.2M
Total Assets
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
$2.1M
Q3 22
$5.6M
Q2 22
$8.0M
Q1 22
$5.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRI
GRI
HAFN
HAFN
Operating Cash FlowLast quarter
$-579.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
$-579.0K
Q3 22
$-125.0K
Q2 22
$2.2M
Q1 22
$-2.3M
Capex Intensity
GRI
GRI
HAFN
HAFN
Q1 24
Q1 23
Q3 22
0.0%
Q2 22
Q1 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons